Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/123528 
Year of Publication: 
2011
Series/Report no.: 
AGDI Working Paper No. WP/11/013
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
This paper assesses if legal origin explains domestic, foreign, private and public investments through financial intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment nexus, though its ability to explain aggregate investment dynamics only through financial intermediary channels is limited in the cases of private and public investments.
Subjects: 
Law
Finance
Investment
Developing countries
JEL: 
E22
K20
K40
P50
Document Type: 
Working Paper

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